Standex

Standex International Corp. manufactures products and services for commercial and industrial markets. It operates through the following segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions. The Electronics segment is engaged in the manufacturing and selling of electronic components for applications throughout the end-user market spectrum. The Engraving segment provides mold texturizing, slush molding tools, project management and design services, roll engraving, hygiene product tooling, low observation vents for stealth aircraft, and process machinery. The Scientific segment includes temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech and industrial markets. The Engineering Technologies segment offers net and near net formed single-source customized solutions in the manufacture of engineered components for the aviation, aerospace, defense, energy, industrial, medical, marine, oil and gas, and manned and unmanned space markets. The Specialty Solutions segment is involved in the manufacture and sale of refrigerated, heated and dry merchandizing display cases, custom fluid pump solutions, and single and double acting telescopic and piston rod hydraulic cylinders. The company was founded by John Bolten in 1955 and is headquartered in Salem, NH.

Earnings data Q3 2021

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Standex International reports record Q1 performance and addresses growth challenges

Standex International's Q1 2023 earnings call highlighted strong financial performance, strategic positioning for growth, and the need to address challenges in specific segments and operational areas. The company's ability to manage supply chain disruptions and pursue growth opportunities was emphasized.

Standex surpasses Q2 expectations, eyes growth through divestiture and M&A

Standex's Q2 performance exceeded expectations with record margins and organic growth. Despite challenges in certain segments, the company remains confident in its long-term targets and growth outlook.
The divestiture of Procon pumps streamlines the portfolio for future growth and acquisitions. Active M&A pipeline and focus on productivity savings and new product introductions present opportunities for expansion.
Challenges include expected revenue impact in Q3 and specific market challenges in segments like Electronics. However, Standex is focused on addressing these challenges to maintain growth trajectory and achieve margin targets.
Overall, Standex's strong financial position, strategic outlook, and emphasis on productivity and growth initiatives position the company well for future success. Continued focus on organic growth, M&A opportunities, and operational efficiencies drive confidence in long-term performance.

Standex reports solid Q3 growth, eyes future markets for expansion

Standex International's Q3 2023 performance reflects steady growth, operational efficiency, and strategic focus on key end markets for future expansion.
With a strong financial position, diversified revenue streams, and prudent capital allocation, Standex is poised for sustainable growth and market leadership.
Challenges in maintaining growth momentum and balancing investments with financial targets require strategic agility and market responsiveness for long-term success.

Standex International excels in Q4, eyes $1B sales target by 2028

Standex International delivered a stellar performance in Q4 2023, marked by robust organic revenue growth, strong operating margins, and strategic acquisitions. The company's solid financial position, highlighted by healthy free cash flow and net cash, sets a strong foundation for future growth and value creation.
While facing potential challenges from external factors and integration risks, Standex remains well-positioned to navigate market dynamics and drive sustained performance. The company's focus on long-term targets and operational excellence underscores a commitment to delivering shareholder value and capitalizing on growth opportunities.

Standex International reports solid Q1 performance amidst market challenges

Standex International's Q1 2024 performance reflects resilience amidst market challenges, with a focus on operational efficiency and strategic growth initiatives. The company remains committed to its long-term financial targets and proactive measures to navigate evolving market dynamics.

Standex reports record margins and profitability, eyes strategic acquisitions

Standex delivered strong financial performance in Q2 2024, with record margins and profitability.
While facing challenges in forecasting CapEx and lower sales in certain segments, the company remains focused on growth.
Opportunities lie in continued margin expansion, strategic acquisitions, and achieving long-term financial targets by 2028.

Standex reports record margins and cash flow amidst market challenges

Standex International's Q3 2024 performance reflects a mix of growth and challenges, with record margins and cash flow amidst market softness.
The company's strengths lie in its ability to navigate market dynamics, focus on high-growth segments, and improve operational efficiency.
Challenges include organic decline in certain regions and market uncertainties, necessitating strategic adjustments for sustained growth.
Opportunities exist for Standex to capitalize on growth markets, address challenges through strategic initiatives, and achieve long-term financial targets.

Standex reports Q4 revenue decline, eyes new products for growth

Standex faced revenue decline in Q4 2024 but improved operating margin.
Management focused on new product development and reaffirmed long-term targets.
Challenges include revenue declines in certain segments and market conditions.
Opportunities lie in new product launches, margin improvement, and market growth.
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Standex International reports robust margins in Q1 amidst acquisition-driven growth

Standex International's Q1 2025 performance showcased strong margins despite sales decline, with acquisitions poised to drive growth and margin improvement in Q2, presenting opportunities for revenue expansion and market diversification.

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Standex International Corp. engages in the provision of products and services for commercial and industrial markets. It operates through the following segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions. The Electronics segment is involved in the manufacturing and selling of electronic components for applications throughout the end-user market spectrum. The Engraving segment provides mold texturizing, slush molding tools, project management and design services, roll engraving, hygiene product tooling, low observation vents for stealth aircraft, and process machinery. The Scientific segment includes temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech and industrial markets. The Engineering Technologies segment offers net and near net formed single-source customized solutions in the manufacture of engineered components for the aviation, aerospace, defense, energy, industrial, medical, marine, oil and gas, and manned and unmanned space markets. The Specialty Solutions segment refers to the manufacture and sale of refrigerated, heated and dry merchandizing display cases, custom fluid pump solutions, and single and double acting telescopic and piston rod hydraulic cylinders. The company was founded by John Bolten in 1955 and is headquartered in Salem, NH.

SALEM, N.H. , Nov. 14, 2024 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) today announced that it has acquired Michigan-based Custom Biogenic Systems ("CBS") for approximately $6.2 million in cash.

STANDEX ACQUIRES CUSTOM BIOGENIC SYSTEMS

NEW YORK--(BUSINESS WIRE)-- #dealmaking--Northern Edge Advisors served as the exclusive financial advisor to privately-held US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt. Ltd. (“Amran/Narayan Group”) in the sale to Standex International Corporation (NYSE: SXI). Structured as the simultaneous sale of two separate companies, the acquisitions are the largest in Standex's history, with a combined enterprise value of approximately $462 million consisting of both cash and stock consi.

Northern Edge Advisors Represents Amran and Narayan in $462 Million Sale to Standex

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Standex International Corporation (NYSE:SXI ) Q1 2025 Results Conference Call October 30, 2024 8:30 AM ET Company Participants Christopher Howe - Head of Investor Relations David Dunbar - President & Chief Executive Officer Ademir Sarcevic - Chief Financial Officer & Treasurer Conference Call Participants Christopher Moore - CJS Securities Michael Legg - Benchmark Mike Shlisky - D.A. Davidson Gary Prestopino - Barrington Research Ross Sparenblek - William Blair Operator Good morning, ladies and gentlemen, and welcome to the Standex International Fiscal First Quarter 2025 Financial Results Conference Call.

Standex International Corporation (SXI) Q1 2025 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Chamberlain Hrdlicka's M&A team, led by David Sheinbein, represented privately-held US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt. Ltd ("Amran/Narayan Group") in two simultaneous sale transactions to Standex International Corporation (NYSE: SXI). With manufacturing locations in the United States and India and customers in more than 60 countries, Amran/Narayan Group is a leading manufacturer and distributor of low-voltage and medium-vo.

Chamberlain Hrdlicka Represents Amran Instrument Transformers and Narayan Powertech in $462 Million Sale of Businesses to Standex International Corporation

Standex International (SXI) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.74 per share a year ago.

Standex International (SXI) Q1 Earnings Top Estimates

Sales Declined 7.7% with Contributions from Acquisitions Partially Offsetting Organic Decline Record GAAP and Adjusted Gross Margin of 41.1%; Up 240 bps Sequentially and 160 bps YOY GAAP Operating Margin of 14.1%; Adjusted Operating Margin of 15.9% Acquired Amran Instrument Transformers & Narayan Powertech Pvt., Ltd., Largest Acquisition in Company's History; Significantly Expands Presence in Fast-Growing, High-Margin Electrical Grid End Market; Expected to be Immediately Accretive to Revenue Growth, Margins, and EPS SALEM, N.H.

STANDEX REPORTS FISCAL FIRST QUARTER 2025 FINANCIAL RESULTS

Immediately Accretive to Revenue Growth, EBITDA Margin, Operating Margin, EPS and FCF Amran/Narayan Grew Revenue at ~30% CAGR Over Last Three Years; Expects ~$100M of Revenue in CY 2024, with Adjusted EBITDA Margin Above 40% Significantly Expands Presence in the Fast-Growing, High-Margin Electrical Grid End Market, Benefiting from Infrastructure Upgrades, Capacity Expansion and Data Center Demand Standex's Exposure to Fast Growth Markets Increases to ~25% of Sales on Pro-Forma FY 2024 Basis Broadens Technology Platform and Capabilities to Expand Growth into Electronics' Markets Geographic Expansion with Engineering Expertise in India and Intellectual Property in Low to Medium Voltage Technologies SALEM, N.H. , Oct. 29, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that it has acquired, in separate transactions, privately-held US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt.

STANDEX ACQUIRES AMRAN INSTRUMENT TRANSFORMERS AND NARAYAN POWERTECH PVT., LTD.

SALEM, N.H. , Oct. 29, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) has announced that it will hold an investors' conference call at 10:00 a.m.

STANDEX ANNOUNCES INVESTOR CALL THIS MORNING TO DISCUSS FIRST QUARTER FISCAL 2025 RESULTS AND AMRAN/NARAYAN ACQUISITION

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SALEM, N.H., Oct. 24, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) will announce its first quarter fiscal 2025 financial results on Tuesday, October 29, 2024 after the close of the market and will broadcast its conference call live over the Internet at 8:30 a.m.

STANDEX ANNOUNCES TIMING OF FIRST QUARTER FISCAL 2025 RESULTS

SALEM, N.H. , Oct. 24, 2024 /PRNewswire/ -- Standex International Corporation  (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.32 per share, an approximately 6.7% year-on-year increase.

STANDEX DECLARES 241st CONSECUTIVE QUARTERLY DIVIDEND

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating Standex International Corp. (“Standex”) (NYSE: SXI) on behalf of the company's shareholders. Since July 2024, shares of Standex's stock have declined in value from a trading price of over $90.00 per share to a current trading price of less than $173.00 per share, a decline of approximately 10% in value. The investigation seeks to determine whether Standex and/or the company's officers and directors violated the se.

Kaskela Law LLC Announces Shareholder Investigation of Standex International Corp. (NYSE: SXI) and Encourages Investors to Contact the Firm

SALEM, N.H. , Sept. 10, 2024 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) announced today that David Dunbar, President & CEO, will be participating in the D.A.

STANDEX TO PARTICIPATE IN D.A. DAVIDSON INDUSTRIALS & SERVICES CONFERENCE

Standex International Corporation (NYSE:SXI ) Q4 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Christopher Howe - IR David Dunbar - President and CEO Ademir Sarcevic - CFO and Treasurer Conference Call Participants Michael Legg - Benchmark Chris Moore - CJS Securities Mike Shlisky - D.A. Davidson Gary Prestopino - Barrington Research Ross Sparenblek - William Blair Operator Good morning, ladies and gentlemen, and welcome to the Standex International Fiscal Fourth Quarter 2024 Financial Results Conference Call.

Standex International Corporation (SXI) Q4 2024 Earnings Call Transcript

Standex International (SXI) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to earnings of $1.76 per share a year ago.

Standex International (SXI) Beats Q4 Earnings Estimates

In Q4 FY24, Sales Declined 4.3% with Contributions from Acquisitions and Fast Growth Markets Partially Offsetting Organic Decline; Fast Growth Market Sales Increased ~13% YOY to $27 Million Q4 FY24 GAAP Operating Margin of 15.1%; Adjusted Operating Margin of 16.0%, Up 60 bps Sequentially and YOY Record Profit and Cash Generation in FY24: GAAP Gross Margin of 39.1%; Adjusted Gross Margin of 39.4%, up 90 bps YOY GAAP Operating Margin of 14.1%; Adjusted Operating Margin of 15.8%, up 60 bps YOY Free Cash Flow Generation of $73 Million Continued Investments to Support Growth; R&D Spend Increased $3.3 Million to 2.8% of Sales in FY24 In FY25, Plan to Release Over a Dozen New Products, At Least One in Every Business, Contributing Over 100 bps of Growth; Fast Growth Market Sales Expected to Grow >20% and Exceed $110 million Continued Improvement in General Market Conditions Expected to Lead to Healthier Backdrop for Growth in 2H FY25 SALEM, N.H. , Aug. 1, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today reported financial results for the fourth quarter of fiscal year 2024 ended June 30, 2024.

STANDEX REPORTS FISCAL FOURTH QUARTER AND FISCAL YEAR 2024 FINANCIAL RESULTS

SALEM, N.H. , July 26, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share, an approximately 7.1% year-on-year increase.

STANDEX DECLARES 240th CONSECUTIVE QUARTERLY DIVIDEND

SALEM, N.H. , July 26, 2024 /PRNewswire/ --  Standex International Corporation (NYSE: SXI) will announce its fourth quarter fiscal 2024 financial results on Thursday, August 1, 2024 after the close of the market and will broadcast its conference call live over the Internet at 8:30 a.m.

STANDEX ANNOUNCES TIMING OF FOURTH QUARTER FISCAL 2024 RESULTS

SALEM, N.H. , June 25, 2024 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) announced today that David Dunbar, President & CEO, will be presenting at the CJS Securities 24th Annual New Ideas Summer Conference in White Plains, New York, on Wednesday, July 10, 2024.

STANDEX TO PRESENT AT CJS SECURITIES NEW IDEAS SUMMER CONFERENCE

SALEM, N.H. , May 8, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) announced today that David Dunbar, President & CEO, and Ademir Sarcevic, CFO, will be participating in the Barrington Research Virtual Spring Investment Conference on Thursday, May 16, 2024.

STANDEX TO PARTICIPATE IN BARRINGTON RESEARCH VIRTUAL SPRING CONFERENCE

Standex International Corporation (NYSE:SXI ) Q3 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Christopher Howe - IR David Dunbar - President, CEO Ademir Sarcevic - VP, CFO, Treasurer Conference Call Participants Chris Moore - CJS Securities Mike Legg - Benchmark Company Mike Shlisky - D.A. Davidson & Co. Gary Prestopino - Barrington Research Operator Good morning, ladies and gentlemen, and welcome to the Standex Fiscal Third Quarter 2024 Financial Results Conference Call.

Standex International Corporation (SXI) Q3 2024 Earnings Call Transcript

Standex International (SXI) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.67 per share. This compares to earnings of $1.65 per share a year ago.

Standex International (SXI) Q3 Earnings Top Estimates

Fast Growth Market Sales Increased ~9% Year-On-Year to ~$26 Million Organic Sales Decline of 5.7% Year-on-Year; In FY25, Expect Return to Organic Growth Rates In Line with Previously Communicated Long Term Financial Objectives. GAAP Gross Margin of 38.5% and Adjusted Gross Margin of 39.0%, Up 50 bps Year-on-Year GAAP Operating Margin of 12.3% Adjusted Operating Margin of 15.4%, up 20 bps Year-On-Year; Includes 70 bps Charge from One-Time Stock Compensation Record Fiscal Third Quarter' Free Cash Flow of $19.3 Million; Record Year-to-Date Free Cash Flow of $50.8 Million Completed Acquisition of Japanese-Based Sanyu Switch Co., Ltd SALEM, N.H.

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